FIL / USDT
After the huge surge in FIL , price finally started to be accumulated in a smaller range
I marked in my chart the main important levels
Resistances and supports
A daily close above red trendline will be a trigger for bulls for next bullish wave, Also we shouldn’t lose support 1 to keep the bullish bias intact
Welcome back to another episode with analyst Aadil1000x.
Today we are looking for 8% rise in Filusdt. There are multiple reasons behind the buy-in Filusdt. First, there is a breakout and second, there is no strong pattern formed yet which is showing that bulls are over. So it's good to go for long in Filusdt.
The target that I am expecting is...
A very risky trade, only for the bravest!
On daily Filecoin has yet to choose a direction, and on 4H a very clean bullish signal appeared.
On smaller TF, price action seems under control for a bullish move.
So I setup a tight SL in case we are fully wrong on this one.
If we manage to get above 9, I would not take half profit (unless price action...
The price had a breakout from the daily support on 5$ area after a consolidation phase. Now the price is testing the 0.5 Fiboancci level and the market is creating a triangle below the weekly resistance
How to approach it?
IF and only IF the price is going to have a breakout from the weekly resistance and retest the 4h resistance as new support on 9.5$ area, ...
We are not implying anything, but it seems that the price of FILUSDT may repeat the white fractal movement.
Where to enter the long of FILUSD and whether to enter the long is up to you, of course. We bought FIL at $5.16 on a deposit with a long-term trading strategy, that is why, we will keep long until at least $42.50
Currently, looking at the chart, there...
FIL / USDT
On 29th July we shared public idea as well as private signal for FIL ( just few hours before the big pump started)
We bought immediately after breaking local resistance with 80% profits in spot
Finally ,the Correction happened and seems like bulls are starting to gain momentum again
Keep in mind The short term targets all hit
However, High time...
". There is a possibility of temporary retracement to the suggested support line (8.41).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. FILUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
We spotted completed 5 waves on the downside after rejected from the main trendline.
This should follow with corrective waves and as a result of this we should have some relief rally towards 17$
Do make sure to follow the give stop loss on the chart.
FILUSDT has been trading under the falling resistance. The price has holding the horizontal support zone. The price action on support indicates projects that it may break on higher side. The bulls need to break above the falling resistance. While bears will be active below the break of support zone.
Trade your levels accordingly.
For a confirmation trade, buy a breakout above 6.41 USDT, which I strongly advise you to do here!
As per my Elliott Wave analysis, the huge impulse wave has been finished successfully and now we are ready for a bullish retracement.
As you can see on the chart, we have a local base (rectangle pattern) and this is something i like to see!
The last trendline of...